ALPHAUSDT trade ideas
ALPHA - Perfect Waves - ALPHAUSDTThe price action for Alpha has been clean. We can see that it has been following the fundamentals of wave analysis - 5 wave impulses, 3 wave corrections.
We can see that the impulse from February is identical to the impulse we just had - both in size of drop and duration of impulse. We can possibly see the start of a bullish move now.
For confirmation, we will be looking at a break of the $1 mark which would change the structure from bearish to bullish.
ALPHA - Perfect Waves - ALPHAUSDT The price action for Alpha has been clean. We can see that it has been following the fundamentals of wave analysis - 5 wave impulses, 3 wave corrections.
We can see that the impulse from February is identical to the impulse we just had - both in size of drop and duration of impulse. We can possibly see the start of a bullish move now.
For confirmation, we will be looking at a break of the $1 mark which would change the structure from bearish to bullish.
🆓Alpha Finance Lab (ALPHA) May-23 #ALPHA $ALPHAALPHA has 2 important support zones at the moment is 0.6$ and 0.4$ that we can take risk, but what we should do is wait for confirmations. If the buying force comes, ALPHA will move up to 0.8$ and 1.2$ zone in the next few days
📈BUY
-Buy: 0.58-0.62$ if A. SL if B
-Buy: 0.78-0.82$ if A. SL if B
📉SELL
-Sell: 0.78-0.82$. SL if A
-Sell: 1.15-1.25$. SL if A
♻️BACK-UP
-Sell: 0.58-0.62$ if B. SL if A
-Buy: 0.38-0.42$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Buy ALPHA / TetcherUS long term signal 120
This projection remains just a personal opinion !!
The price of ALPHA / USDT has just rebounded on a horizontal support area and a symmetrical triangle heading towards its Daily ATR that it will test.
With a view to a new optimal entry on see if the trend is confirmed.
Big potential for the breakout to come on the Lower TIMEFRAME including the H4 and on this one.
This crypto escapes on its next resistance just to see the reaction of Bears at this level.
The primary trend remains bullish on observed the breakage of resistance on the RSI with the potential to enter the overbought zone.
There is margin before a pullback to the primary trendline.
The MACD is also diverging with a signal of a strong uptrend.
Appreciate the idea and comment below.
Stay tuned and take your profits when you know how to pay.
Please like and follow, thank you.
ALPHA USDT Long 47% by trading the bouce of the FIB 1.61So many markets respect the 1.61 and 2.0 fibonacci extension you simply have to include this into your trading.
Find a market on the daily chart that is about to go up again. Then enter at the end of the correction (for example 1.61 fib extension).
Target is now 2.59 the fib extension above and after that the target 2.67
I still recommend buying at the POC but using these fib targets really improve my results...